EITI Slides
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The document outlines the EITI's multistakeholder governance structure which brings together governments, companies, civil society, and investors. Key aspects of the structure include an EITI Board that provides oversight, an EITI Secretariat that facilitates implementation, and participation of various stakeholders in EITI conferences and meetings to inform reforms around transparency of payments and revenues from extractive industries.
EITI Slides
- 1. EITI’s Multistakeholder Governance Structure
- 2. Companies & Investors EITI Secretariat Civil Society Governments The EITI Association The EITI Conference EITI Members’ Meeting EITI Board
- 3. The EITI provides a Forum for dialogue and a Platform for broader reforms Oversight by a Multi-Stakeholder Group Award of licenses & contracts Regulation & monitoring of operations Revenue Distribution & Management Implementation of Sustainable Development Policies Government Spending Links to other Public Financial Management Reforms & Accountability Mechanisms Companies Disclose Payments Government Discloses Receipt of Payments Independent Verification of Tax & Royalty Payments
- 4. Multi- Stakeholder Group Civil Society Companies & Investors Government
- 5. Civil Society Companies & Investors Governments EITI Secretariat Civil Society Companies & Investors Governments EITI World Bank Multi-Donor Trust Fund Management Committee EITI Global Conference & Members Meeting EITI Board
Editor's Notes
- #4: This slide: Key elements in every implementing country (companies disclose, governments disclose), independently and credibly verified and reconciled Process overseen (by multi-stakeholder group of government, companies, civil society), process published thoroughly discussed [Press again] EITI: forum for dialogue and platform for boarder reforms [Press again] – Example: the government along with stakeholders may decide to work for more transparency: in the award of licensing and contracts, and monitoring of the sector [Press again] – Might push for; more transparency (the distribution of government spending) [Press again] – Link up with other elements of governance (reform of the public financial and budgeting system) These additions; entirely up to them. Blue elements: the EITI ‘core’. Power of the multi-stakeholder process; help focus on ‘governance chain’ in the most need of transparency.